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23 Albion St
Na South Nanaimo Nanaimo V9R 1R6

$699,000
Residential beds: 4 baths: 2.0 1,658 sq. ft. built: 1956

View of fenced backyard
Photo 1: 23 Albion St in Nanaimo: Na South Nanaimo Full Duplex for sale : MLS®# 1022920
Photo 2: 23 Albion St in Nanaimo: Na South Nanaimo Full Duplex for sale : MLS®# 1022920
Photo 3: 23 Albion St in Nanaimo: Na South Nanaimo Full Duplex for sale : MLS®# 1022920
Photo 4: 23 Albion St in Nanaimo: Na South Nanaimo Full Duplex for sale : MLS®# 1022920
Status:
Active
Prop. Type:
Residential
MLS® Num:
1022920
Bedrooms:
4
Bathrooms:
2
Year Built:
1956
Well-located duplex just steps from Vancouver Island University, offering strong rental income and future development potential. This property features two 2-bedroom units, currently rented at $1,700/month (Unit 1) and $1,800/month (Unit 2), providing a solid return in a high-demand area. Situated on a large lot with alley access, this property is ideal for future redevelopment or land assembly. Both units feature bright, spacious layouts with large windows, creating inviting, light-filled living spaces. The unbeatable location is within walking distance to VIU, University Village, Barsby Secondary, and NDSS, making it highly attractive to students, families, and professionals. A rare opportunity to own a prime income property in a thriving, walkable neighborhood—perfect for investors, developers, or long-term holders. Measurements approx buyer to verify if fundamental to purchase
Property Type:
Residential
Type:
Full Duplex
Year built:
1956 (Age: 70)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
1,658 sq. ft.
Listing General Location:
Na South Nanaimo, Nanaimo
Bedrooms:
4
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
6,229 sq. ft.
Kitchens:
2
Taxes:
Construction:
Stucco
New Construction:
No
Basement:
Crawl Space
Foundation:
Concrete Perimeter
Roof:
Fibreglass Shingle
Ceiling Heights:
Total Building Area:
3,316 sq. ft.
Total Unfinished Area:
1,658 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
4
# Main Level Bedrooms:
4
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
2
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
2
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.
Living Area Main Floor:
1,648 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
0
Laundry Features:
In Unit
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Floor
Ensuite
Pieces
Other
Main Floor
Main Floor
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
R5
Accessibility:
Wheelchair Friendly
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
2
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Tenant
Property Condition:
Resale
Exposure / Faces:
Northeast
Layout:
Duplex Side/Side
Lot Site Features:
Central Location, Family-Oriented Neighbourhood, Quiet Area, Recreation Nearby
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Driveway
Total Parking Spaces:
2
Road Frontage Type:
Lane
Road Surface Type:
Paved
Total Units:
Date Listed:
Jan 09, 2026
Original Price:
699000.0
  • Photo 1: 23 Albion St in Nanaimo: Na South Nanaimo Full Duplex for sale : MLS®# 1022920
    View of fenced backyard
  • Photo 2: 23 Albion St in Nanaimo: Na South Nanaimo Full Duplex for sale : MLS®# 1022920
    View of front of home with stucco siding
  • Photo 3: 23 Albion St in Nanaimo: Na South Nanaimo Full Duplex for sale : MLS®# 1022920
    Unfurnished room featuring a textured ceiling and light colored carpet
  • Photo 4: 23 Albion St in Nanaimo: Na South Nanaimo Full Duplex for sale : MLS®# 1022920
    Empty room featuring light carpet and a textured ceiling
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Listed by Sutton Group-West Coast Realty (Nan)
Data was last updated January 11, 2026 at 02:05 PM (UTC)
Area Statistics
Listings on market:
74
Avg list price:
$572,450
Min list price:
$149,000
Max list price:
$21,000,000
Avg days on market:
76
Min days on market:
2
Max days on market:
335
Avg price per sq.ft.:
$380.16
These statistics are generated based on the current listing's property type and located in Na South Nanaimo. Average values are derived using median calculations. This data is not produced by the MLS® system.
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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.